NTPC extends payment deadline of outstanding dues for discoms till March 17
State-owned power giant NTPC has decided to extend the deadline for defaulting discoms for making payment of outstanding dues till Tuesday next week, post which electricity supplies will be snapped.
NTPC has given this breather to the defaulting discoms in view of Holi festival on Tuesday after some discoms assured that they will clear the dues.
Later last month, the NTPC had given notices to these discoms for making payment of overdue outstanding amounts, saying that power supply would be cut on from midnight tonight.
An outstanding becomes overdue after 60 days of rasing the bill against power supplied to a discoms or state. The gencos generally charge penal interest on these overdue amounts.
